Pakistan stock exchange rising like crazy again. 1000 point rise, 35000 barrier crossed

[Taimoor Khan]

FROM AN ALL TIME HIGH. You would expect some profit taking. I certainly would sell to crystallise my profits. This all time high is not a manufactured one by illegally using government money to prop up a falling market.
What IK is doing is far worse than what Dar did to keep the dollar high to mitigate a drain on foreign exchange. IK is using government money to fill the boots of Stock Market speculators.
To artificially pump steroids into the stock exchange using government money.

That is some serious shedding of the points.

Read the whole news.

but all gains vanished as investors took profits and started looking at the broader fundamental issues facing the economy.

 

[BHarwana]

Pakistan stock exchange rises for the fourth consecutive day

https://twitter.com/x/status/1131957671769313280

 

[ali_raza]

Pakistan stock exchange rises for the fourth consecutive day

https://twitter.com/x/status/1131957671769313280

guess we r back in business

 

[BHarwana]

guess we r back in business

We crossed the mark of being back in business. We are trading higher than being in business. PSX is all time high.

 

[ali_raza]

We crossed the mark of being back in business. We are trading higher than being in business. PSX is all time high.

something to be proud of

 

[nahtanbob]

FROM AN ALL TIME HIGH. You would expect some profit taking. I certainly would sell to crystallise my profits. This all time high is not a manufactured one by illegally using government money to prop up a falling market.
What IK is doing is far worse than what Dar did to keep the dollar high to mitigate a drain on foreign exchange. IK is using government money to fill the boots of Stock Market speculators.
To artificially pump steroids into the stock exchange using government money.

the real issue is the real economy being fixed ?

In USA we have a plunge protection team. every state has some variant.

 

[Turingsage]

We crossed the mark of being back in business. We are trading higher than being in business. PSX is all time high.

Is it really ???? KSE100 was at over 52,000 in may 2017 currently its at 35,600. Is it at an all time high ?????

https://dps.psx.com.pk